Self Managed Super Fund

INTELLIGENT INVESTOR

Should I start a self-managed super fund?

Richard Livingston Should I start a self-managed super fund? If you're asking that question of your own volition, the answer is probably YES

TIP OF THE WEEK

What are the effects of concession card changes?

 

Nerida Cole Changes begin next year. Existing cardholders who don't plan ahead will be the group most likely to lose out.

SUPER & FUNDS

ETFs have a downside but can widen your exposure

Spreading  investments to overseas will reduce risk if there was a sustained downturn in the Australian sharemarket.

John Collett Exchange traded funds are well worth considering for the easy, low-cost diversification they bring.

Is insurance policy worth keeping?

<i>Illustration: michaelmucci.com</i>

Noel Whittaker I recently realised the policy will only pay upon my death and will become void when I reach 80. Is it worth holding on to?

Plug other options into your super

Sweetener: Transferring shares can free up money to reduce an outstanding mortgage or personal debt.

Daryl Dixon More industry funds are offering members the option to invest in shares, exchange traded funds or term deposits.

YOUR QUESTIONS

Let off on property's capital gains tax

Home owner: Not every home owner will get hit for capital gains tax when they sell.

George Cochrane When it comes to capital gains tax on property, a house bought before September 20, 1985, is exempt.

SUPER & FUNDS

Why the seven-year super freeze is a bad idea

John Collett Most people are not interested in their retirement savings, at least not until retirement is in sight.

ASK NOEL

Can we pull off our granny flat plans?

Serious note: The granny flat will start out life as a separate dwelling from your home.

Noel Whittaker We want to take out a loan to build a granny flat in our backyard - what tax deductions are available?

Your Questions

Can I retire early and bring up the kids too?

That's entertainment:  Children, they are expensive.

George Cochrane My plan involves investment properties and my public service super. But will it fly?

Communications

Tidy profit for DIY funds with Telstra shares

Pink Telstra logo

John Collett The Telsta buy-back could be very rewarding for some shareholders.

YOUR QUESTIONS

What's our financial formula once we've helped kids through uni and beyond?

Full fee degree: You don't mention what course of study your son is doing but the cost and the fact that he will work as some sort of intern, makes me suspect he could be in the medical field.

George Cochrane We're helping our children through their studies and want to retire in five years' time. Are we too ambitious?

SUPER & FUNDS

Super switch won't be a big problem

Daryl Dixon This week's surprise announcement of the deferral of rises to super contributions won't be a huge setback for ordinary Australians.

SUPER & FUNDS

How to beat the super freeze

Frozen: The guarantee is now 9.5 per cent and will not start climbing again until 2021 under the government's revised timetable.

John Collett The government’s decision to delay increasing the super guarantee means you should set aside some extra.

SUPER & FUNDS

Carbon data will help drive better fund choices

John Collett It's anyone's guess as to how most superannuation funds invest. That is because there are no hard and fast rules on what information should be disclosed to investors.

GETTING STARTED

Why not top up your super yourself?

David Potts The trouble with super is we have a hybrid system where the compulsory side isn't enough and the voluntary part is too much.

ASK NOEL

Children may book a tax deduction

 

Noel Whittaker I'm 87 and selling off a collection of books and other papers. If I gifted them to a library would the tax benefits pass to my children?

SUPER & FUNDS

Playing Russian roulette with financial advice

John Collett Getting good financial advice is an ongoing challenge, with the banks muddying the waters according to John Collett.

SUPER & FUNDS

Average is no guide to how long we have left

John Collett It's a fallacy to assume that the average life expectancy will apply to everyone.

ASK NOEL

How will the new pension rules affect us?

Noel Whittaker Changes to account-based pensions from next January have caused some confusion.

INSIGHT

Tougher times ahead for self-managed funds

Changing conditions: The strategy employed by many SMSFs may face a challenging future.

Clancy Yeates When the global financial crisis savaged retirement savings in 2008, many self-managed super funds escaped the devastation better than other super funds.